TAYLOR, Mich. — Masco Corp. has announced that the new independent publicly-traded company that will be separated from it upon completion of the spin-off of Masco’s Installation and Other Services businesses will be named TopBuild Corp. and will be listed on the New York Stock Exchange. TopBuild will be comprised of the Masco Contractor Services (MCS) business, a leading installer of insulation in the U.S., and Service Partners, a leading distributor of residential insulation products and related accessories in the U.S. These combined businesses reported revenue of $1.5 billion in 2014. Upon completion of the spin-off, the MCS business will operate as TruTeam, reflecting its approach of teaming its local relationships and field professionals with national resources and experience.
Masco unveils spinoff business
Most Recent
Most Read
BMR kicks off buying show
Fri, November 08th, 2024
BMR member expands in Quebec
Fri, November 08th, 2024
Doman Building Materials announces Q3 results
Fri, November 08th, 2024
Canadian Tire reverses Q3 loss
Thu, November 07th, 2024
Register today for WRLA Showcase
Thu, November 07th, 2024
Western Forest Products posts Q3 loss
Thu, November 07th, 2024
In memoriam: Rick Royce
Thu, November 07th, 2024
Throwback Thursday: Ten years ago, Hardlines Conference focused on “retail as experience”
Thu, November 07th, 2024
Bernie Marcus, co-founder of The Home Depot, dies at 95
Wed, November 06th, 2024
Liteline appoints regional sales manager
Wed, November 06th, 2024